Currently, the cryptocurrency market is going through a period of volatility. According to TradingView, some analysts expect Bitcoin to record a price decline if it cannot hold the $130,000 level.¹ While others see this decline as a buying opportunity, as the market gathers its fuel for a big move and an explosion to the upside.$BTC
On the other hand, another report shows that there are more than 31,932 cryptocurrencies available for trading, with a total market cap of $165 billion.² The report also indicates that Bitcoin still ranks first in terms of market cap, with a dominance of 58.7%.
Please note that markets are volatile and prices can change quickly. It is always best to do your own research before making any investment decisions.
